Ultra-high-yield dividend stocks provide investors with reliable streams of passive income. Passive income is characterized by its ability to generate revenue without requiring the earner’s continuous active effort.
Many investors look at lower-priced stocks to gain a higher share count and gain solid returns. We recently reviewed three stocks we love, which pay solid high-yield and ultra-high-yield dividends, trade under the $20 level, and offer some of the best ideas for the second quarter. All are rated Buy at top Wall Street firms and all make sense for growth and income investors.
This post originally appeared at 24/7 Wall St.